The Nexus 6 is one of the most eagerly awaited smartphones for this year. The popularity of the Nexus 5 surprised some people, but now the future sales for its successor are touted to be even greater. According to rumors, the new device will be out sometime in the Fall of 2014, and various rumors of the specs, features and price have suggested it could sell for less than $100!

Picture: LG/GoogleNexus 5

If those price reports turn out to be true then it would be cheaper than even the 8 GB version of the Motorola Moto G. A report by MTKSJ.com has touted that the less than $100 is real and that Google and MediaTek desperately want to massively undercut a majority of the smartphone market and gain millions of new customers.

However, some reports have claimed that the extremely cheap device will not be called the Nexus 6. The name Nexus 6, according to those reports, will be reserved for Google's flagship smartphone, and that the cheaper version will be given another name.

Some believe that the Nexus 6 will be unveiled after Google's I/O Developers Conference on 25 and 26 June in San Francisco. However, others believe that it will more likely be launched in November 2014.

But Twitter leaker @evleaks has claimed that the Nexus 6 will arrive sooner than November.

Even though the features and specs of the device have not been confirmed yet, many reports are claiming that the new device will feature a 20MP camera with HDR mode. Tech Cocktail is one of the sites touting those specs, which contradict earlier reports that it would have a 13MP camera (main) and a 5MP front camera.

Many believe that the new device is likely to be waterproof, and will feature a 3200+ mAh battery and be able to give access to Google content such as movies, videos, games on users' TVs.

The Nexus 6 has also been rumored to feature a 5.2-inch full HD and curved LCD display protected by Corning Gorilla Glass, powered by a 64-bit version of its Snapdragon 800-series chipset with 3GB RAM and run on Android 4.5 Lollypop.